How to Get the Most Cash for Gold in Downers Grove

If you need cash and do not want to get a loan through the bank, one of the quickest ways to get money is to sell your unused or broken gold. There are several different options when you are searching for places that offer Cash for gold in Downers Grove. Some of the most common places to sell gold include pawn shops, RJ Jewelry and Loan Co. or online through an auction or company that specializes in buying gold and silver. When you are considering selling your gold there are several factors to consider that ensure you are getting the best price.

The value of gold fluctuates daily. Before you go to the business where you intend to sell the gold, it is important to check the current value. The value will be dependent on a variety of things, such as the weight and the carats (purity of the gold). Make sure you check the gold to determine what the carats are and then review the price per ounce for the day you intend to sell. Keep in mind that in most situations the buyer will not be buying the piece for its aesthetic appeal, but to melt down, so the pieces do not have to be in mint condition, only be real gold.

If the gold has stones in it, remove the stones, unless you are attempting to sell the item to a jewelry that wants the piece as a whole for resale. When you are selling your jewelry to get Cash for gold in Downers Grove, the stone will not be included in the weight and many buyers who are buying for melt down will not accept jewelry with stones. If the stone has value, you may be able to get more money by selling the gold and the stone separately.

When you sell gold for cash, there will typically be a fee, so always ask how much the fees are to ensure you are getting a reasonable price for the gold and not paying fees that are to high. You should only have transactions with a reputable jewelry store or gold broker. Keep in mind that you will be given a specific value and there is no room to negotiate, so do your homework before arriving at the brokers.